FG set to Commence Training of 1,850 Youths On POS Business

Point on Sale (POS) Training – The Federal Government of Nigeria, through the Ministry of Humanitarian Affairs, Disaster Management and Social Development has embarked on the Training of 1,850 Nigerian Youths on Point on Sale (POS) Business, see more information here.

This one one on the agenda by the initaited by the President Muhammadu Buhari’s led administration’s plan to lift 100 million Nigerians out of poverty in ten years. This training will be done across the Federation including FCT Abuja, were selected 1,850 sucessful beneficaries will be trained on how to use the Point on Sale (POS) machine., also know as Mobile Money-Making Business.

Are you a Nigerian Youth? Are you interested in POS Business? If yes, this is your opportunity to be trained and empowered by the Federal Government, seize this opportunity now and improve your financial status.

This was disclosed by the Minister of Humanitarian Affairs, Disaster Management and Social Development Ms Sadiya Umar Farouq in a keynote address presented by her in Abuja to key start the Training Programme.

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In a organized event in Abuja, Farouq noted that at the end of the training, the beneficiaries will be provided start-up kits that include a Point-of-Sale (POS) machine, fingerprint scanner and furniture (chairs, tables and umbrellas) as well as a modest capital of N20,000.00.

Quotes by the Minister

According to her, “Since the inception of President Muhammadu Buhari’s Administration in 2015, the Federal Government has paid more attention to promoting the plight of the poor and vulnerable in the country despite the economic slump the administration inherited.

“This informed the decision to initiate the National Social Investment Programme (NSIP) as a strategy for enhancing social inclusion. NSIP is one the largest social protection programmes in Africa with over $1billion earmarked annually to cause positive change in the lives of the poorest and most vulnerable in the country,” she explained.

She added; “Since its introduction in 2016, the prorgramme has impacted positively on the lives of the poor and vulnerable in Nigeria”, adding:”I have personally witnessed the life-changing experiences of people who lived below the poverty line and those that are vulnerable to shocks.”

“Over 12 million households have benefitted from NSIP interventions in the last five years”, the minister said:”With the creation of the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development by President Buhari in 2019, and the able leadership of the Honourable Minister, Sadiya Umar Farouq, these programmes are being restructured and revamped to respond to peculiarities of different parts of the country, to ensure the right beneficiaries are targeted, and to enhance impact on target beneficiaries.”

“In view of the life-changing experience of beneficiaries of NSIP, President Buhari has graciously approved the expansion of the programme to touch more lives and lift more Nigerians above the poverty breadline,” she further explained.

The programme is designed to kit/tool unemployed youths and develop their competences to operate as registered mobile money agents.

Benefits of the Programme

“The training we are starting today will enable target beneficiaries to meet the minimum technical and business requirements for becoming mobile money agents and enhance their entrepreneurial competences to successfully start and manage mobile money businesses.”

Speaking on the start-up funding for the participants, she said; “Upon completion of the training, the target beneficiaries be registered with the Shared Agency Network Expansion Facility (SANEF) as Mobile Money Agents and be provided with a Start-up Kits that include a Point-of-Sale (POS) Machine, Fingerprint Scanner and Furniture (chairs, tables and umbrellas) as well as a modest capital of N20,000.00.”

“We hope that the programme will provide job opportunities to the 1,850 youths selected from the 36 States and FCT as well as promote financial inclusion, by providing financial services to unserved and underserved Nigerians,” she said.

The training programme is commencing in Akure, Ondo State and Calabar, Cross River State. It will also commence in Kano, Kano State, Bauchi, Bauchi State and Nsukka, Enugu State next week. It is my honour to therefore formally declare the Mobile Money Agents training programme in Abuja for the 350 beneficiaries in the Federal Capital Territory and the six states in the North-Central geopolitical zone open,”she explained.

This will help to reduce unemployment in the country. Kudos to the Government of Nigeria.

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